The Ravens made their most important move of NFL Draft weekend when they signed Lamar Jackson to a five-year, $260 million contract extension just hours before Round 1. The contract includes $185 million guaranteed.

The deal comes exactly a month after Jackson went public with his trade request and nearly three weeks after the Ravens signed Odell Beckham, a player Jackson was reportedly actively recruiting.

Following news of the extension, the Ravens’ odds to win the Super Bowl and the AFC quickly dropped.

All odds provided by BetMGM Sportsbook.

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What are the Ravens’ odds to win the Super Bowl following the Lamar Jackson extension?

The Ravens are currently +2200 to win the Super Bowl. They have the ninth-best odds to win the Super Bowl.

The Ravens are currently +1100 to win the AFC. They have the fifth-best odds to win the AFC.

Before the extension, they were +3000 to win the Super Bowl and +1600 to win the AFC.

Super Bowl Odds for All 32 NFL Teams

TeamCurrent Super Bowl OddsOpening Odds
San Francisco 49ers-120+900
Kansas City Chiefs+100+600
Baltimore RavensEliminated+1800
Detroit LionsEliminated+2500
Buffalo BillsEliminated+900
Green Bay PackersEliminated+2500
Tampa Bay BuccaneersEliminated+8000
Houston TexansEliminated+25000
Dallas CowboysEliminated+1400
Philadelphia EaglesEliminated+900
Miami DolphinsEliminated+3000
Cleveland BrownsEliminated+4000
Los Angeles RamsEliminated+3000
Pittsburgh SteelersEliminated+5000
Jacksonville JaguarsEliminated+2500
Indianapolis ColtsEliminated+15000
New Orleans SaintsEliminated+3000
Seattle SeahawksEliminated+6600
Atlanta FalconsEliminated+8000
Minnesota VikingsEliminated+4000
Cincinnati BengalsEliminated+900
Denver BroncosEliminated+4000
Las Vegas RaidersEliminated+4000
Chicago BearsEliminated+6600
Los Angeles ChargersEliminated+2000
New York GiantsEliminated+4000
New York JetsEliminated+2500
Tennessee TitansEliminated+6600
Arizona CardinalsEliminated+25000
Washington CommandersEliminated+5000
New England PatriotsEliminated+5000
Carolina PanthersEliminated+5000
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